Bitcoin reclaims $85k after Fed signals slowdown in quantitative tightening
Bitcoin (BTC) reclaimed the $85,000 threshold following the Federal Open Market Committee (FOMC) median forecast of 50 basis-point cuts in interest rates in 2025. In addition to signaling potential...
Source: CryptoSlate
Bitcoin (BTC) reclaimed the $85,000 threshold following the Federal Open Market Committee (FOMC) median forecast of 50 basis-point cuts in interest rates in 2025. In addition to signaling potential rate cuts, the Federal Reserve announced plans to slow the pace of its balance sheet runoff, also known as quantitative tightening (QT), beginning April 1. The […]